Caracas, April 9, 2026 (AFP) - After oil, Venezuela opens up mining to private investors

NAMPA / AFP

2026-04-10

Venezuela on Thursday threw open the country's vast mineral reserves to private investment, less than three months after rolling back state control over the oil sector, in line with US demands. The South American country, which is undergoing a profound transformation following the US overthrow of leftist leader Nicolas Maduro, has the world's largest proven oil reserves. But it is also rich in gold and diamonds as well as bauxite and coltan, a mi......

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Law & Politics

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